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Forest Gardens, Inc., has a beginning receivables balance on
February 1 of $730. Sales for February 1 answer below » Forest Gardens, Inc., has a beginning receivables balance on
February 1 of $730. Sales for February through May are $720, $780,
$820, and $850, respectively. The accounts receivable period is 30
days. What is the amount of the April collections? Assume a year
has 360 days. A.
$720
B.
$780 & View complete question » Forest Gardens, Inc., has a beginning receivables balance on
February 1 of $730. Sales for February through May are $720, $780,
$820, and $850, respectively. The accounts receivable period is 30
days. What is the amount of the April collections? Assume a year
has 360 days. A.
$720
B.
$780
C.
$790
D.
$820
E. $850 View less » Aug 05 2015 03:48 AM